Booked sales are the total value of sales that have been booked by a company. This figure includes both products and services that have been sold, as well as any sales taxes or other fees associated with the sale. The booked sales figure is typically used as a measure of a company's overall performance and is often compared to other financial metrics such as revenue or profit.
How do you calculate booked sales?
To calculate booked sales, you will need to gather data on all of the sales that have been made by a company over a certain period of time. This data can be obtained from financial reports, invoices, or other records. Once you have this information, you can simply add up the total value of all sales to get the booked sales figure.
What is the difference between booked sales and revenue?
The main difference between booked sales and revenue is that revenue only includes the value of products and services that have been sold, while booked sales also include any taxes or other fees associated with the sale. This means that the booked sales figure will always be higher than the revenue figure. However, both metrics can be used to measure a company's performance and compare it to other businesses.